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of course. so trying to -- china is a much interest in canadian energy and natural resources. we are very much interested in building trust, strategic trust and cooperation with china. and from enable perspective, of course, i'll give you one sort of anecdote. you were referring to this the islands, two months ago i attended the western pacific naval symposium hosted -- and have the opportunity to sit between the deputy commander of the people's liberation army navy, and the commander of the ambassadors japanese maritime self-defense force, a euphemism for the japanese navy. it was at a time when the island was leading on cnn and bbc. i thought as i was sitting between two them there's an opportunity for a canadian to do something extraordinary from an naval diplomatic perspective and put this thing to bed. [laughter] >> how did that go? >> not too well, not too well. [laughter] which is my point. i spoke with the chinese admirals interpreter. i spoke with admiral commander in english, a great conversation. but never was the bridge build or even considered. and i think one of the key issu
in my lifetime with respect to broad openings in china. a, diplomatic openings. the ones who want to recognize china will abide by the one china policy. the economic doors that have taken china to a relatively small economy to the second largest in the world. and 3, primacy of the party with its 80 million members and 3000 outposts in the world. now you have xi jinping rising to power. he has been given the party mantle and soon the military and the presidency. before him will be new questions much different from the ones that deng xiaoping was responsible for acting upon. before xi jinping will be questions like, is china more repressive at home today than in earlier years. is china more nationalistic in its economic practices, but jiggly those among the enterprises? has china become more assertive internationally? i would argue east of these questions carried fairly profound rule of law implications. as xi jinping rises to take the top position in china and wrestles with new challenges and attempts to answer any questions, i would argue that many of them are based in basic rule
would not yield in territorial fight with china and would increase defense spending if necessary. at the same time, he said he would do more to mend economic ties. he said if deflation persists he might delay the hike in the consumption tax. he has piled the pressure on the central bank to do more to ease monetary policy. he has said the government policy of phasing out nuclear power by the 2030s is unrealistic and irresponsible. >> so how about all these new parties that we're hearing about? >> well, voters who are tired of the establishment could support what are known as the third force. former tokyo governor shintaro ishihara leads the restoration party. its candidates are asking voters why they would return power to the ldp simply because they are dissatisfied with the dpj. restoration party candidates promised that they would change japan fundamentally. they have attracted followers with promises to lessen the role of government and promote more free-market competition. but, you know, we are only on day one, so we are going to have to wait and see how all these factors play
nations need to isolate the president and su. >> we have two ways -- putting pressure on russia, china and iran to stop supporting this regime, and then this would be useful, or supporting militarily the opposition or the interfering by the nato to make free zone and no-fly zone. >> reporter: russia and china have repeatedly vetoed u.n. security council resolutions on imposing sanctions against syria. without their support, the international efforts can only put limited pressure on president assad. diplomats here are still hoping their efforts will help in some part to end the conflict in syria. however, after 20 months of violence, they've learned getting peace will take time. akira saheki, nhk world, tokyo. >>> satellite images show north korea could be preparing to launch another rocket. researchers at johns hopkins university in the united states say they have observed the first two stages of what appears to be a long-range missile. these images of the launch site in tongchang-ri on the west coast of north korea were captured on monday. researchers say they show trailers carrying t
and partners such as singapore and the philippines and expanding our dialogue in exchanges with china. we are also an handed our presence and capabilities in the region. that includes -- expanding our presence and capabilities in the region. that includes allocating our naval fleet to have a 60/40 split between the pacific and atlantic oceans, increasing army and marine presence in the region. locating our most advanced aircraft in the pacific, including new deployments of f- 22's and the mv22's to japan. and lay the groundwork for the first overseas deployment of the f-35 joint strike fighter. the third element of our strategy is that as we do force projection in the asia-pacific and middle east, we still have to maintain our global leadership and presence by building innovative partnerships and partner capacity across the globe and using these innovative rotational deployment as a way to do exercises and training with other countries, developing their capabilities so they can provide for their own security. in latin america, africa, europe, and elsewhere. the past decade of war has rein
-wage china when he was on the board of gateway computer. he wants to turn michigan into the same low wage environment we see in china. >> reporter: looking around here live at the scene at the capitol, you have teachers who took the day off from school to demonstrate. you have united auto workers. we saw several big trucks from the teamsters. a lot of people sympathetic to efforts of these workers out here making their voices heard, expressing their discontent with what has happened. governor snyder told me a short time ago this is in response to a ballot initiative you remember failed in november. that was proposition 2. it would have put collective bargaining in the michigan constitution. it would have made it untouchable by any kind of new legislation. that is part of the complaint from the democrats. they say it is politics and retribution. also the complaint you hear from democrats it happened so fast. it happened without the public having time for input. what you see on the lawn is something governor snyder referenced f there wasn't enough time for public input you wouldn't have all
, not just in china, but also in the asean countries. >> the industry engineer -- the engineering industry is expecting high turnover. experts are optimistic the upward trend will continue next year. they are hoping the global demand will continue to keep the eurozone crisis at bay. >> to the markets. worries about the future of the german economy weighed on markets. we have this a bit from the frankfurt stock exchange. -- this update from the frankfurt stock exchange. >> the dax closed down at the highest level since five years, the day before. some profit-taking. shares have been dragged down by concerns that the german economy might cool down pretty soon. the ifo institute lowered its growth expectations for the german economy. the federal reserve seems to be quite pessimistic. looking at the u.s. economy, the fed thinks that the unemployment rate will stay very high next year. >> let's take a quick look at some market numbers. the dax closed at 7569. the euro stoxx 50 ended the day just a tad down. the dow jones is currently going down over 1/2 of 1%. >> hong fighting broke out in the
tried to kill his own child during his escape to lebanon. 's plans be aware, china posse to force them to reveal their names. the deaf -- the members accused of the death of an gresham lawyer has been acquitted. -- russian lawyer has been acquitted. >> thousand people are in the streets in iraq to protest against the government. now, these are live pictures. the minority sunni moslem community accusing the she opera minister nora al-maliki of discrimination and refusing to share power. this is the live pictures out of northern iraq. our correspondent joins me now from the town of ramadi. the protests are very large and are continuing. they seem to have blocked a key highway. how do you assess the size of the crowds in relation to what they are demonstrating about? >> i think the rumble of the crowd is very big because the picture you are seeing is one angle. the other side of the bridge -- i do not know if you can see the bridge is -- there are also thousands of people gathered here in ramadi. and this highway basically links back down to fallujah and then to ramadi. and then back up.
india and china to develop into a completely distinct world civilizations without having much to do with each other for long-term history. let's take that image that you offered of america, this amazingly simple geographic place with all of these natural harbors and rivers that run the right way but that was true for thousands of years and didn't leave to the development to rate civilization and european civilization and began to make powerful use of those the geographical advantages are obvious, so help us think about why it's geography that we should focus on as opposed to the cultural or civilization will aspect. >> that was due to the development of the failing chips which enable the croswell landed voyages, so that development of technology while it is short in distance it did not negate, it made it more important because it opened up a whole new geography and the world trade system cultural and economics flow from the geography because what is culture? it is the accumulated experience of a specific people on may specifically and skate over hundreds of thousands of years that l
goes 2,700 kilometers. oil has been flowing from there to china since 2010. now, the final section has been completed. from there, it can be shipped out. until now, the oil was transported along this last leg by train. that had a limited capacity of 15 million barrels of oil per year. the new pipeline can carry three times that amount. it is part of russia's plan to reduce its reliance on europe, which currently buys about 87% of the country's oil exports. during price talks with europe, russia has also -- often said it would seek other buyers and focus more on asian buyers. >> china's biggest producer of so-called rare earths has suspended output at some of its plants for another month as part of an effort to push up prices. >> rare earths are a group of elements crucial for making high-tech gadgets like smartphones and ipads, and they're mostly found in china, giving producers a handle on the market. and despite that, prices are falling. >> rare earths are, in china, but many minds in mongolia have fallen silent. state media says that will not change or at least another month. the co
or second. >> days, basically? >> 13 days until the deadline. >> u.s. trade with china, the two sides are talking? >> it kicks off today and tomorrow, crucial talks between the world's no. 1 and #two. the u.s. and china have a lot to tackle, because as you mentioned it has been longstanding trade problems and restrictions with those two. but we could be entering a new era. but you have got a new chinese leader waiting in the wings. i have got a list here, the u.s. wants china to drop restrictions on agricultural products. the u.s. wants china to do more about counterfeiting of u.s. goods. they also want them to allow their currency to appreciate. on the flip side, china wants the u.s. to address its budget problems, the fiscal cliff we just talked about. we know they want the west to stop blocking certain high-tech chinese goods from entering the u.s.. we also know that they want a stop on the chinese investments. takeovers, so to speak. lots to talk about. this is what the experts told me they were looking for. >> there is the currency issue. 10% since the chinese government came in.
.s. law, the americans with disabilities act of 1990. 126 countries, including britain, germany, china, and russia, have already ratified the un convention is a person with disabilities. bernard obermeyer of the who noted that the treaty rejected by republicans covers 15% of the world's population. >> people with disabilities make a 15% of the world's population and have worse health and socio- economic outcomes than people without disabilities. across the world, people with disabilities have for help, lower educational achievement, less economic participation, and higher rates of poverty and people without disabilities. this unacceptable situation must change. >> california has formalized its refusal to ensure the enforcement of federal effort begin immigration requests. on tuesday, attorney general kamala harris said state agencies are not required to -- comply with the program known as secure communities, where local authorities share fingerprints with immigration officials. the program led to the record deportation of around 400,000 people last year. striking care for workers at th
. the leaders of russia and china continue to support the assad government. delegates from those countries did not attend the meeting. >>> 20 years after the u.s. closed its last military base in the philippines, u.s. troops are out toeturn inorce. top officials from the two countries have agreed to expand the u.s. military presence in the south china sea. the goal is to serve as a counterbalance to any potential chinese ambitions in the region. u.s. assistant secretaries of state kirk campbell took part in talks with philippine officials on maritime security and cooperation. the united states is planning to send marine units, vessels, and warplanes to the philippines and expand the scope of the joint military exercises with the country. details on t exercis andhe location of the deployment have still got to be worked out. >> we want a different kind of relationship based on mutual respect and equal partnership and that is what we have sought to do over the course of our meetings today. >> one candidate site is palawan island is a candidate. analysts say u.s. forces will, in effect, will be st
counterterrorism, and then the u.s. ambassador to china, gary locke, on the relationship between the two countries. >> our first experience was to come in a different way than every other family up here. probably never happen again in history. and it's interesting because after dad was sworn in, we went and took a picture, photo of the family, behind the oval office desk, and that night we didn't get to move into the white house because nixon had left so quickly, so unexpectedly, they left their daughter and son-in-law, david eisenhower, to pack all their clothes and belongings. it literally took seven or eight days. we had to go back to our little house in alexandria, virginia, suburbia, the neighborhood was surrounded by secret service. we had been living there dad was vice president. and i'll never forget. that night mom is cooking dinner. literally, we're sitting around the dinner table, and mom is cooking dinner, and she looked over at my dad and goes, gerry, something is wrong here. you just became president of the united states and i'm still cooking. >> steve ford, linda johnson robb, and j
countries in having a pyrotechnics display. australia, china and russia are well into 2013. we are tracking the celebrations. >> residents in samoa were among the first to welcome 2013. these to be the last but a year ago, they jumped to the west of the international dateline. the spectacular start to the new year came in sydney harbour, launched by the australian superstar, kiley been no good. -- kylie minogue. 7 tons of fireworks filled the air above sydney harbour bridge. this city's style is rather different. john yang has held what for help -- it's believed to be the first public new year celebration in north korea. burma has joined the global party. ♪ >> the end of the year would not be complete without the viral pop hit, "gangnam style" being performed with great enthusiasm. while hong kong celebrate with a virtuous so show over victoria harbor. fireworks lit up moscow's red square. in dubai, they filmed the midnight moment under the world's tallest building. the gulf states is eager to take its place among the world's best known venues for the dawn of the new year. >> no happy ne
of course its friend, china is on the security council and has blocked those kind of actions in the past, jenna. jenna: interesting that you mentioned china. is there any indication that the north koreans had help from the outside? any sort of outside country with this launch? >> reporter: well there is no evidence per se but it is widely known that the north koreans could not get the parts for their ballistic missile program without having those parts flown through china, bypassed through china. there also have been reports on the voice of america that an iranian team of scientists have been seen recently, in recent days in north korea. so there is questions about the relationship between, and any help that may have been provided to the north koreans by the iranians. clearly the north koreans are very proud of this long range ballistic missile launch. the one in april failed miserably. and for the first time then they admitted that it did fail publicly. this time they extended the window and did not invite foreign journalists to watch this and simply announced when it was successful. th
china, who are looking to part with lots of cash. >> he spent years living in china. he understands the language as well as the mentality of the chinese. for the past few months, he has been a sales consultant at frankfurt international airport where he assist chinese customers, for example, with the purchase of a camera. few speak english, although this customer is an exception. >> i am a part-time photographer. i use a cannot -- canon and nikon. >> many passengers arrive at the airport several hours before their flights and do a lot of shopping, but they often struggle with the language. his task is to act as an intermediary between shoppers and sales personnel. >> some are very surprised at first. they are not used to a westerner speaking chinese at the airport, but they are delighted. many want to browse on their own, first. the chinese have very different taste. >> weather it is luxury goods or everyday products, the chinese are interested in almost everything. they especially like the duty- free stores. this customer says she bought some cosmetics and jewelry. she says everyth
. >> excellent news out of china. pmi is an index or the ask people how confident you are feeling, indicating the fourth quarter of the year, china has seen a very marked pickup in economic growth. that is extremely good news because china had been having a pretty sluggish time of things over the course of the first half of 2012. this is leading the optimism that 2013 could break away from the economic doldrums. nonetheless [indiscernible] >> there you go. thank you very much. u.s. secretary of state hillary clinton is receiving treatment at a hospital in new york for a blood clot. she suffered a concussion earlier this month after fainting and falling down. the blood clot was discovered during a follow-up medical examination rea. >> hillary clinton earlier this month. it is believed it was while on her trip to europe that the u.s. secretary of state contracted a stomach virus that left her severely dehydrated. on her return home, she collapsed and severed a concussion. during a follow-up examination, doctors have discovered a blood clot. mrs. clinton is being kept under observation in this b
line of mac computers in china, apple is set to bring some of its manufacturing jobs back home to the usa. is this a political move or is this a clear-cut economic manufacturing move? here to discuss is "forbes" columnist and china export gordon chang, the author of "the coming collapse of china." serious question, do you think actual's doing this for politics or economics? >> actually both. but when you look at china, though, their manufacturing days are over. americans are less produmore pr less prone to strike -- >> are you sure american works are less prone to strike? we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think appl
owners in china. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it. now, 90% of the wine from here-- that's 9,000 cases-- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods, for goods that are scarce, and for goods that are well made. rather than buying chinese-made products and sending our money over there, they're buying eir ican-made products and .ending their money back here. >> reporter: and the jobs stay here. re.and the jobs stay here. >> reporter: chinese firms, flush with cash, have invested $16.4 billion in the u.s. in the past decade, $1.3 billion in california companies, a record $560 million in just the past year. the chinese are also boosting the golden state's housing recovery. they've bought one out of every ean homes sold in the past year. >> compared to the high-end thiing like in beijing, this is not that expensive, though. r: reporter: di meng is a student at the university of oruthern ca
, with russia and china, containment when it came to russia was countering their expansive capabilities. >> rose: right. >> our own -- when it came to their nuclear capability we were talking about deterrence. >> rose: right. >> and so i think first we want to contain iranian influence in the region, but i think the question that people are -- that what the president is really addressing is, or would we be content with deterrence? >> right. >> and there i think the difference in the ayatollahs and their religious, their they cratic approach to the world, their threats to destroy israel make them a more worrisome, significantly more worrisome possess sorry of nuclear weapons than other nuclear states. >> rose: because they have a different decision al type structure. >> yes. >> rose: from russia, and the soviet union from going into europe once again, deterrence is mutually assured destruction. and so then, does the question of value and life, different because of a culture that can produce suicide bombers mean that there -- means that will not work in the end or do you say no nationable and the
's turn to the global economy. associated press reporting that china has surpassed the u.s. as the leading trade partner. this comes as china announces the inflation rate rose 2% one month alone. sign of an economy gaining strength. what does it mean? brenda buttner, anchor of "bulls and bears." i was reading this article where shoppers in beijing have seen the prices of vegetables double in one week alone. inflation is a problem over there. what is causing it? >> basically it's not a bad problem, it's growth. china has numbers we can only dream of, growth of about 8%, we're below 2%. their factory output was up 10%. retail sales, 15%. so it is basically growth driven not supply side driven which is the kind of inflation you want to see. it's only 2%, that is well below the target of 4% is. it came down from 6.7%. >> gregg: so it's an issue not really a problem and outweighed by the huge growth. how does the inflation american consumers if at all? >> we buy a lot from china. it may be that some of the input may be more expensive. we may have to pay more, but it's more that china is becomin
isolated. its main ally, china, is unlikely to let you in impose tough new sanctions, so it will probably continue to develop rockets and bombs. -- china is unlikely to let the un impose tough new sanctions, so it will probably continue to develop rockets and bombs. >> i spoke to victor, the fellow for strategical international studies. victor, we have become used to these north korean launches not working. how worried are you by the successful one? >> i think it was definitely a surprise. i think the general view was that they tried so many times and failed, with the last one being the most spectacular failure. this was a successful launch in which they demonstrated the ability to lift a payload into orbit, which suggests they have long-range ballistic missile technology, and that is a big step they have made. >> does it give north korea more clout when it comes to possible negotiations? >> i think that is one motivation for doing this, but it puts them a stronger position where they can go to those new governments in korea and japan and say they are stronger, but the main reason is stra
in china that that without any warning it shatters. this is in shanghai. it's very popular at the mall here. it's got turtles and sharks and 33 tons of glass and water all over the place. amazingly nobody was killed but 16 were hurt. tell us a little bit about why you suppose this happened. does this have anything to do with temperature or how do people explain it? >> i'll never look at an aquarium the same again. this was a ten-inch piece of plate glass that exploded literally. people said there was a crack. all of a sudden after the crash the water rushed out and it sounded like an explosion. what investigators now believe happened here is the tank had very warm water in it. the outside temperature, although this is in a mall, this was the outside-facing glass. you can see there are trees there. this was in the cold part of the mall, kind of the outside exposure. temperatures got down into the 20s. not like i had never gotten into the 20s before but this here with the warm on the one side, the water, the cold on the other side, they believe a fault in the glass, a scratch, obviously somet
will find out how it is changing china. is the season to engage in psychological warfare. and least, that is the accusation being made by north korea against its neighbors to the south, and it has to do with a christmas tree just west of seoul, korea, and the problem is that can be seen miles away in north korea. the north has threatened to the south with retaliation but has not said how exactly. children in one town have been given their christmas presents by elephant at their school. they enjoy the festivities. it is a regular feature of the town, but it was canceled because of flooding. now, when would you need an ax to go swimming? well, here is one example. this is north of the capital of berlin. they were breaking up the ice and then taking a dip. you are watching "bbc world news." these are our headlines. two firefighters have been killed and another wounded in new york state. it happened as they responded to a blaze. an aide to advisor has been killed in afghanistan, the first killing of its kind, shot by a woman in police uniform. and another six police dead. it is now more
to china's extravaganza. most charismatic, pat? >> rg3. redskin rookie of the nfl. maybe mvp. has set this city on fire. >> marco rubio. senator from florida whose articulate to the point of almost being dem ogic. . but he is a riveting speaker and he has a future. >> are you afraid of him. >> no. i just pointed out his attributes. >> he is richly republican. you know that? >> right. but the democrats have their bench, too. >> i mean, after that, you know, the democrats still going to embrace you? >> i still think that bill clinton's speech at the democratic convention was the most exciting moment of that convention. turned around the whole convention and once again revealed the great talents of bill clinton. >> does he save it? >> you are showing your brilliance again. >> i absolutely agree. a better job than barack obama did. >> i want to add to the clinton tribute. the most charismatic bill clinton. for stellar performance of the democratic national convention. his 40 minute speech was critical for a second term for barack obama. it redefined the global economic crisis. he describ
of carrying out his duties. >>> the leader of china's communist party game into office promising to narrow the gap between rich and poor. he wants to lift millions of people out of poverty. xi is expected to take over from president hu jintao in march. xinhua television reported xi squatted with villagers in their homes over the weekend and held their homes. he reportedly asked them whether they had warm blankets and enough coal for heating. the vice premiere, li keqiang, visited poor inland villages. li is the second-ranking leader in the communist party. the reports say he braved cold temperatures and snow to visit the mountainous area. >>> the chinese embassy in tokyo has dismissed a document that says some disputed islands are part of japan. japan controls the senkaku islands in the east china sea. china and taiwan claim them. japanese wire service jiji press says the chinese government issued the document in 1915. the document says the islands are part of ryukyu, an old name for that area that is now okinawa. the paper mentions the islands's former name. the chinese embassy issued a s
think the world will look like. it's fascinating. it shows china on the rise, the west in decline and china overtaking the united states in size of economy by the year 2030. here are the key findings of the new intel report. it's interesting reading. a majority of the world's population by 2030 will be out of poverty for the first time in world history. there will be wars over food and water and natural resores. populations will continue to rise and there will be recurring global economic crises but when you think about this, you think about how far we're going here. you've got asia, china in particular will be dominant. it will be stronger than its been anytime since middleages. there will be no more pax americana as its known. china will be a big driver and india will be growing like china is today. they talk about how the world is changing. it's like no other time since the french revolution. remember in the late 18th century, the industrial revolution, except it's happening more quickly. it's taking a tenth of the time for china and asia to rise quickly. let me read to you som
that doesn't pose any threats now and really won't, can't for many years. they see china as a potential threat in the future but recognize we have common interests in china which would ease that threat. and they see the great instability in the middle east as posing specific threats to us such as the chemical weapons in syria which could fall in the hands of terrorists, but see these threats as threats to be managed, not to be resolved once and for all. meaning we can protect the chemical weapons. we don't have to go in and turn syria into a democracy. >> you want the united states to build one of the points that the report makes early on, to build on comparative strengths and address comparative weaknesses. from your standpoint what are those strengths that need to be built on, and then what are the weaknesses that need to be addressed? >> well, our military forces have unprecedented capabilities. we've spent a lot over the last 10 years, as you know, and it shows in our naval power, our air power, our space capabilities, our intelligence, surveillance, reconnaissance capabilities. our
of the sea travel in and out of the port and any part for the missiles would have come through china which is north korea's only friend and, then, the voice of america reported this week that an iranian team had been seen in north korea in recent days and there is some presumption that, in fact, iranians may have helped them. this is the first successful long-range rocket this year. earlier in april it was not successful. certainly, all eyes are on iran in weres of the role it my have played. >>shepard: thank you. we have used a carrot and stick approach with north korea over the years. it doesn't really seem to have made were of a difference. we will look at the diplomatic efforts with the former away bill richardson who has lots of experience dealing with north korea. and 100 countries throwing their support behind the syrian rebels . so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so t
concerns that china, russia, and others will seek new limits on internet access. the head of the u.n. regulatory agency insisted such claims are "completely untrue." concerns about flooding eased in northern california today, despite heavy downpours over the weekend. the region has had three powerful storms in the last week. as much aan inch of rain an hour fell in some communities yesterday. rivers swelled, but the storm moved faster than expected so flooding wasn't as bad as it could have been. still, strong winds downed trees, leaving some 57,000 people without power. some 20,000 public school students in five states will spend more time in the classroom next year. they're part of a pilot program announced today in colorado, new york, massachusetts, connecticut, and tennessee. a total of 40 schools will add at least 300 hours to the standard school calendar. the goal is to see whether more time will make american students more competitive on a global level. britain welcomed news today that prince william and his wife catherine are expecting their first child. the announcement sa
for the group. he was promoted second-in-command earlier this year. >>> back to the economy now, china apparently going on an american spending spree. a chinese company agreed to buy a big chunk of insurance giant aig for more than $4 billion after the company got a huge bailout during the u.s. financial crisis. that is not the only bargain that china is picking up from u.s. taxpayers lately. stuart varney on this morning, head of "varney & company" on fox business network. good morning, stuart. good to see you. >> good morning, martha. martha: they're gobbling up our assets in many ways . what do you make of it. >> they are spending the money they have got buying american assets cheap. you mentioned aig. a chinese company is paying $4 billion for aig's plane leasing business. aig remember got $189 billion as a bailout fund that was back in september of 2008. the taxpayers still are the largest shareholder in aig. we sold the plane leasing business to china cheap. second item, a 123 batteries, americans taxpayers gave that company $249 million in grants and another 250 million in tax s
'm with the world journal. could you address growing chinese assertiveness in south china sea and east china sea? and given china just announced they will intercept the ship's that go into territorial waters. so are you going to participate in upcoming defense talks with chinese? and what message do you want to tell them? thank you. >> well, thank you for that question. of course the issues that are being placed today in a south china sea and other areas in the north and central, east asia, i think are quite complicated because of the nature of the territorial disputes, some of them historic, some of them now driven by the need for access to resources in those areas, and that's i think to some degree has motivated some of the activities that you see, seeing there. the u.s. position as you know is that we don't take sides on territorial disputes. there's many of those around the globe, not just in the south china sea. but we do want them resolve peacefully, without coercion. and that we call on all the parties there, including the chinese, to ensure that as they approach these problems that they
other. they discovered they were twin sisters separated from birth in china it is against the one of the girls was given up for adoption. they share mannerisms and they were married in the same year. the husband has the same first name. >> steve: and they dress alike. >> gretchen: what a fantastic story. the rest of the headlines ttook over 50 years for the murderer of a 7 year old to b brought to justice. jack mccullah will be sentenced for the murder. it is one of the oldest unsolved crimes. he was dismissed as a suspect but arrested last year after the investigation reopened. >> steve: meanwhile a 22 year old woman in oregon jumped in her car and drove off after two kids tried to rob her at gun point. the boys later to be found 7 and 11 years old. demanded money and her phone. >> i was afraid he would shoot my tires or window. i didn't think i was safe. >> brian: the boys were caught and turns out the gun was not loaded it is not known how they got the gun. they were turned over to their familis and the case is expected to go to jv court. >> brian: two students are accused of b
powerhouse, apple, famous for its giant manufacturing operations in china, has promised to do something they have not done in nearly 20 years. build some apple computers right here in the united states. and abc's david muir, captain of our made in america team, is here with the latest. >> reporter: diane, as you know, for nearly three decades, apple made its computers in the u.s. tonight, word one of those lines will bear those three words we've been talking so much about here. made in america. tonight, that bold announcement from apple. ceo tim cook now says some of apple's mac computers will never year carry those three words, made in america. cook telling bloomberg business week that the company plans to spend 1$100 millioner in year t move production from the mac line from china back here to the u.s. it was this year, when asked about the factories they used to have here in america that tim cook talked about the possibility of bringing manufacturing back. >> there is some manufacturing revival in the u.s. will there be an apple product ever made again in the united states? >> i want
'm with the "world journal" could you address the growing chinese assertivenesses the south china sea and the east china sea -- the foreign ships are going territorial waters. so are you going participate in the coming events? and what can that message -- [inaudible] thank you. >> well, thank you for that question. of course, the issues that are being faced today in the south china sea and other areas in the north and central east asia, i think are complicated because of the nature of the territorial disputes. some of them historic, some of them now driven by the need for access to resources in those areas, and i think, to some degree has motivated some of the activities you see seeing there. the u.s. position, as you know, we don't take sides on territorial dispute. there's many of those around the globe not just around the south china sea. we want them resolved peacefully, without coerce. and that we call on all the parties there including the chinese to ensure that as the approach the problems they do so in a way that avoids con flict within that avoids miscalculation, that using the vehicles a
for its missile program in china. we know they buy things for their gas centrifuge program in china. some things are made in germany. probably made in the u.s. china has been a major gap in this whole system. on sanctions and north korea could face tougher action from china might constrict some of its ability to buy things that it absolutely needs for its nuclear programs. jon: you think it is likely american-made technology is helping north korea with its missile program? >> could be. i don't know the missile program nearly as well as the nuclear but what north korea does, it uses china a sense as a transshipment point because many companies, high-tech companies from america, from europe, have subsidiaries in china, selling to chinese industries and trading companies. north korea works that system very well to end up with those kinds of high-tech items from outside china. and so while i can't speak specifically on the missile program i certainly can on the nuclear and yes, indeed, north korea buys european high-tech equipment and likely u.s. equipment. so it's a problem. china has been m
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